State Bank of India - PALANGANATHAM

Details about the IFSC1 SBIN0011062:

Bank: State Bank of India
Bank Branch: PALANGANATHAM (IN-TN)
Country: India
District/State: MADURAI / TAMIL NADU
City: MADURAI
Address: DIST MADURAI, STATE TAMILNADU
IFSC:1 SBIN0011062
MICR:2 625002026




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.